India has rejected the World Trade Organisation’s proposal to conclude the negotiations on the Doha Round by June-end.

Duty, quota relief for WTO minnows: NathCommerce and industry minister Kamal Nath on Tuesday said that a package of duty and quota concessions is being formulated for the less developed countries (LDCs) and will be sent to the Cabinet for approval in the next two months.

WTO: The layers of opaquenessSeveral African countries protested during a meeting with United States Trade Representative Susan Schwab about "ayers of opaqueness."

Ensure Doha is decisive: expertA Doha Round that may take a decade to complete but is conclusive and more decisive is what world economy needs and negotiators should not let unreal deadlines hamper global trade talks, according to a leading expert from US think-tank Carnegie Endowment.

Foreign airlines may ply Indian skiesThe government may finally allow foreign airlines to acquire up to 26% stake in domestic passenger airlines. The foreign direct investment limit in domestic carriers might also be hiked to 74% from 49% now.

China's second largest aluminium maker has got the green light for a 5-billion-yuan ($651 million) joint venture with an Indian company to produce alumina.

Indians, Chinese in alumina JVChina's second largest aluminium
maker has got the green light for a 5-billion-yuan ($651 million)
joint venture with an Indian company to produce alumina

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Clean drinking water for all by 2009Government will make available clean drinking water to each and every human habitation by 2009, Rural Development Minister Raghuvansh Prasad Singh said today.

FM `in the dark` on PM`s minority lending letterFinance Minister P Chidambaram today said he was in the dark about a letter from the Prime Minister’s Office (PMO) stating that 15 per cent priority sector lending should be targeted at minorities.

Waivers for India cited: Iran raps US, IsraelWithout mentioning India, Iranian Foreign Minister Manouchehr Mottaki took a side swipe at New Delhi for being the beneficiary of nuclear technologies and materials without ever signing the NPT.

India to continue hiring spree: SurveyIndia is among the few countries in the world where the employers are optimistic of making new recruitments during this financial year's second quarter while the United States plans to tone down its hiring activity.

ITC to invest Rs 150 cr for foray into snacks bizITC Ltd's Food Division said it will invest Rs 150 crore in the next two years for its foray into the snacks segment and is eyeing 25 per cent market share of the Rs 2,000 crore organised market in the next 4-5 years.

DuPont's Hyderabad centre a first outside USUS-based science products and services firm DuPont announced start of its first plant biotech research centre outside US in Hyderabad to develop high-yielding hybrid seeds that would help farmer improve crop productivity and profitability.

Essar, Ambani in talks to buy Iran LNGIndia's Essar Group and the Anil Ambani group are in talks to buy liquefied natural gas from Iran even as the Indian government seeks the honouring of its LNG import deal with the Islamic nation.